Popularity: Because forex major pairs are so popular, information about them is widely available on the internet. Economic reports on these economies, for example, are widely available. Furthermore, most analysts discuss major forex pairs in their...

Trading with Murrey Math involves utilizing a set of principles based on geometric proportions and market psychology to identify potential support and resistance levels in financial markets. Here's a brief guide on how to trade with Murrey...

A falling wedge is a chart pattern that is formed when price action is characterized by lower highs and lower lows, creating a downward-sloping wedge shape on a price chart. This pattern is generally considered to be a bullish pattern because it...

Spot market prices can be influenced by various factors that impact the dynamics of supply and demand. Here are some key factors:

Automated forex trading involves the use of a computer program to trade foreign currencies based on a set of analyses that indicate whether to buy or sell a certain currency pair at a specific time. Traders use automated forex trading to make...

The Bearish Abandoned Baby candlestick pattern is a significant signal in technical analysis, indicating a potential reversal in a prevailing uptrend. This pattern typically consists of three candles, forming a bearish reversal pattern.

Social or mirror trading refers to various new trading capabilities. These features consist of the ability to mirror and or copy other traders' trades. Social trading was born from the concept that online investors will make better choices if they...

The Commodity Channel Index (CCI) compares the current price level to the average price level over a given time period. When prices are significantly above their average, the CCI is relatively high. When prices are far below their average, the CCI is...

Margin calls in forex trading can be a dreaded scenario for traders, potentially leading to significant losses if not managed properly. Implementing effective strategies to avoid margin calls is crucial for maintaining financial stability and...

Candlestick charts were invented in Japan more than a century before the West developed bar charts and point-and-figure charts. In the 1700s, a Japanese man named Homma discovered that, because there was a link between price and rice supply and...